Word: squeezees
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The situation is not in as critical a condition as that. As Chemical and Engineering News pointed out last week, space contracts have become an important part of the political pork barrel. "Legislators are caught in a serious political-economic squeeze. More than 90% of the space budget goes to...
The new fare has greatly simplified United's reservations operations, but more than just business considerations prompted Pat Patterson to introduce one-class service. Two years ago, when a United DC-8 ran off a runway in Denver and hit a truck, 16 passengers died not from the impact...
Muzak makes all its own recordings in an atmosphere of "the fullest artistic freedom," then turns the results over to engineers, who squeeze down the dynamic range to a maximum of 25 decibels (compared to 50 on normal LPs). The new tunes are spliced into the standard Muzak library of...
Engstrom, whose company's profits rose 23% in the first half to a record $29.4 million, puts the profit rise down to management's increasing skill at cost control. After years of operating in a profit squeeze, he says, "industry has learned how to conduct itself under these...
The big oil companies, of course, intend to stick basically to refining and selling petroleum products. But since the early 1950s, the $48 billion oil industry, suffering from a profit squeeze, has gone questing for new sources of earnings. The industry got tangled in excess refining capacity built up during...